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STANLEY Healthcare

Company Profile Analysis

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STANLEY Healthcare - ICT showcase

Year Founded & Workforce

1843

60,767 Employees

Industry

ICT

Services

RTLS
S

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STANLEY Healthcare Overview

Company Headquarters: US

Founded: 1843

Workforce: ~60,767

Company Working: STANLEY Healthcare (Stanley) is a part of Stanley Black & Decker, a global provider of power tools, hand tools, infrastructure applications, commercial electronic & monitoring systems, healthcare solutions, and related accessories. Stanley helps enterprises to generate meaningful insights, improve operational efficiency, and enhance security and safety. Its solutions are used by over 15,000 healthcare organizations globally. Stanley’s real-time location system technology helps hospitals optimize patient and staff flow for better care of the patients.

Strategy

Stanley’s primarily focuses on innovating products to enhance its portfolio. The company continues to invest on acquisitions; it also emphasizes expanding geographically and operating across industry verticals to increase its customer base to foster sustainable earnings and propel revenue growth. It follows an organic growth approach, under which it emphasizes increasing its presence in the emerging markets to establish a strong presence in the global RTLS market.

Company Snapshot

$11,590M

Revenue

60,767

Employees

1843

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Diversified product portfolio ▪ Strong presence in US ▪ Extensive R&D

Weaknesses

  • Increase in accounts receivables

Opportunities

  • Increasing use of integrated RTLS

Threats

  • Intense competition ▪ Fluctuations in foreign currency exchange rates ▪ Increasing laborcosts in the US

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Key Developments

DateApproachDevelopment
December 2016Product LaunchSTANLEY Healthcare has launched a set of managed services to help its customers manage their RTLS solutions. These enable the tracking of the status of asset tags and regular reviews of life-safety based technology such as infant protection.
August 2016PartnershipSTANLEY Healthcare and Intersystem partnered to provide new IoT applications in the healthcare sector. With the help of these IoT applications, hospitals can get new insights from the location data provided by RTLS for use cases such as staff workflow and patient flow.

Product Offering

  • STANLEY Healthcare
    • RTLS

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Total Revenue rose from USD 11.6 Bn in 2016 to USD 14 Bn in 2018.
STANLEY Healthcare — By Business Segment
Series (USD Bn)201620172018
Total Revenue11.61314

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